Peadar Tóibín
Ceist:44. Deputy Peadar Tóibín asked the Minister for Finance if persons (details supplied) qualify for the help-to-buy scheme for their self-build home. [47345/17]
Amharc ar fhreagraDáil Éireann Debate, Thursday - 9 November 2017
44. Deputy Peadar Tóibín asked the Minister for Finance if persons (details supplied) qualify for the help-to-buy scheme for their self-build home. [47345/17]
Amharc ar fhreagraI am advised by Revenue that in accordance with the legislation governing the operation of the Help to Buy (HTB) scheme, one of the criteria to be met to qualify for the scheme is that the loan-to-value ratio in respect of a claim shall not be less than 70 per cent. As the loan to value ratio for the person concerned is less than 70 per cent, the application does not meet the conditions required to qualify for HTB. Revenue has no discretion to vary the terms of the scheme in this regard.